Chinese Stock Screening with Amplitude and Rising Moving-Average Conditions

Summary

This Chinese stock screen selects shares with amplitude above 1, an upward-moving-average condition, and price above the five-day moving average. The stated rationale is to find stocks showing larger recent price movement and an upward price trend. The article also suggests improving the screen with other technical, fundamental, or volume and price measures.

It includes formula and Python examples, but they are not fully consistent with the stated selection logic: the Python example adds valuation and market-capitalization filters that are absent from the final rule, and the moving-average comparisons may not correspond to the prose description. No historical results or evaluation method are supplied. The article itself cautions that price-only criteria omit fundamental information and may leave few opportunities when widely used. The screen is therefore best understood as a simple candidate filter, not evidence of future returns or a complete trading strategy.

Key ideas

• The screen combines amplitude above 1 with moving-average direction and price relative to a five-day average.
• Its stated aim is to find stocks with notable price movement and an upward trend.
• The article recommends adding technical, fundamental, or volume and price measures for a broader assessment.
• The example code introduces additional filters that are not part of the final stated rule.
• The document provides no backtest results and warns that price-only selection carries market risk.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.